SHC Petition by Steel Importer dismissed, allowed to approach department for provisional release

KARACHI: A constitution petition filed by Al-Majeed Ibrahim Steel Industries (Private) Limited and Max Comfort (SMC Pvt) Ltd was dismissed by a custom appellate bench of High Court of Sindh (SHC) for not being maintainable. The bench heard initial arguments by Adeel Awan advocate, counsel for the  petitioners and asked… Continue reading

Steel importer cry loss due to detention of consignments since January

KARACHI The importers of steel are to face loss of millions of rupees in demurrage and detention beside other charges. Abdullah Shaikh CEO of Steel Vision, talking to, said that after judgement of High Court of Sindh he was looking forward to implementation of the order and completion of… Continue reading

SHC summons evidence of tampering in petitions by Steel Vision

KARACHI: A customs appellate bench of High Court of Sindh (SHC) asked the counsel for Superintedent ASU, DIT Dost Muhammad to produce evidence or document to prove tampering of documents by the petitioner company/steel importer.[the_ad id=”31605″]The bench comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi was hearing a… Continue reading

SHC calls para-wise comments in petition by Steel importer by June 24

KARACHI : A divisional bench of High Court of Sindh (SHC) headed by Justice Hasan Azhar Rizvi on Monday sought para-wise comments in a petition filed by Ilyas Steel Re-rolling Mills. The bench earlier heard counsel for petitioner who maintained that  they have imported a consignment of iron and steel… Continue reading

Importers encouraged to voluntarily pay short-paid duty/tax

KARACHI: The importers and clearing agents who mistakenly or intentionally misdeclared the status of LC in their Goods Declarations (GDs) are advised to voluntarily come up and rectify their record. Importers imported their consignment through Letter of Credit (LC) and misdeclared in the goods declaration (GDs) that the consignment was… Continue reading